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Fortune
Fortune
Nicholas Gordon

Bill Ackman thinks the government should consider SVB bailout

Bill Ackman, CEO and founder of Pershing Square Capital Management in 2017. (Credit: Patrick T. Fallon—Bloomberg via Getty Images)

It’s looking like 2008 for some investors in the private markets. 

Venture investors and tech founders are in “sheer panic” after Silicon Valley Bank, a prolific lender and important banking institution for the sector, said that it was taking steps, including a share sale, to cover large losses on its balance sheet. 

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